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Loss Mitigation

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Foreclosure filings accelerate in early 2026 as servicer pressure builds

April 16, 2026 by bp56691
Foreclosure activity accelerated in the first quarter of 2026, with signs of mounting operational pressure for mortgage servicers and downstream vendors.
Categories ATTOM, Foreclosure, HWmember, LendingLife, Loss Mitigation, Mortgage, Mortgage Servicing, REO, Servicing

Mortgage trade groups urge VA to revise elements of proposed partial claim rules

March 12, 2026 by bp56691
MBA and CHLA asked VA to revise its partial claim and loss-mitigation proposal, pushing for a simpler waterfall and a 180-day lead time.
Categories Community Home Lenders of America, HWmember, Loss Mitigation, Mortgage, Mortgage Bankers Association, Mortgage Servicing, Regulatory, Servicing, U.S. Department of Veterans Affairs, VA Loan, Veterans

Loss-mitigation waterfalls face a murky future under Trump administration

December 26, 2024 by bp56691
Loss-mitigation waterfalls face a murky future under Trump administration
Servicers have a request for the incoming Trump administration — standardization and simplification of loss-mitigation frameworks.
Categories Covid-19, FHA, Forbearance, LendingLife, Loss Mitigation, Mortgage, Mortgage Servicing, Servicing, Trump Administration, U.S. Department of Veterans Affairs, USDA

Mortgage groups push FHA for loss mitigation extension

December 23, 2024 by bp56691
In November, the FHA proposed updates to its permanent loss-mitigation options based on lessons from the COVID-19 temporary policies.
Categories Federal Housing Administration, FHA, FHA loan, LendingLife, Loss Mitigation, Mortgage, Servicing

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